Can you believe it? I've been doing marketing for 20 years. So many, I can't even hold up my hands on how many years. And I learned some really important things that you need to know about. Today, I'm going to break down 20 Years of Marketing, The Seven Most Important Lessons I Learned.
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Now you've been doing marketing for a while, or you're a business owner, or you're just getting started in a marketing. A question for you. What's the most important lesson you learned? Leave a comment below letting me know that lesson.
So let's start off with the first lesson. Start small, but look out for scale, okay? So here's what I mean by that.
When we're thinking about scale, typically, I start off small. When I mean small, I'm talking not 5,000, not 10,000, I usually start off less than $1,000, even at our size, and I try to see what works. It doesn't mean I won't ramp up the next day to 10,000 or a 100,000, but I really try to start off small to try to figure out what works. Now, if I'm paying for services or hiring an agency, it's a little bit different because someone's creating a plan for me, and then executing on it. But if I'm doing it myself, I try to start off small because just because a channel or a tactic work for a competitor, it doesn't mean it works for me, so I try to start off small.
The second lesson I ended up learning, my biggest skillset and my buddy, Eric, always talks about this, is I execute extremely fast. Speed is everything. So I focused on executing fast and then adapting, and A/B testing, and tweaking, to make it better over time. It's just like a website design. Everyone's like, "Oh, I'm going to release a new website." We don't do that. We just continually A/B test our websites until we come up with a perfect variation. And then you can have someone tweak the designs and make sure it works. But that's the model we use.
The third one, learn from your mistakes. In marketing, you're going to make a lot of mistakes. When I first started out my career when I was a 16 year old kid. Keep in mind those, really young. I would be like, "Black Hat SEO, what's this? Let's try, oh cool, I'm ranking at top making money." Now times are changing, I would never recommend anyone to do that. I was a foolish 16 year old kid. I wish I had a time machine. I can go back in time and tell myself, "Don't do that again."
The next lesson, hire people who have done it before. This one, I actually didn't learn until roughly a year ago. So the way I usually built my businesses is you build a business, you keep learning from your failures and mistakes, and then you just keep at it. And you just keep going, you execute fast, you know, and hopefully things work out. But what I learned, and this took me a long time to learn. There's other people out there who have been where I am. There's other people out there who have been where I want to be, which is even better.
Next one, be consistent. Look, I can't tell you how many times that people would have had a massive business and done well on their marketing, if they were just consistent. If you're consistent, you'll do well. So when you constantly put your brand and associate it with influencers or other trustworthy elements, or other things that you know people are paying attention to, it helps build a brand, and that builds longevity.
Last but not least, make it easy for people to buy from you. If you make it hard, no one's going to really buy from you. PayPal, Shopify Pay, these are all solutions that make it really easy.
Now, more than 18% of our customers use PayPal, but before PayPal, literally, if we got 100 conversions, we ended up with 118 after PayPal. Now, what portion you pay through PayPal or pay through other sources like credit card, or using Stripe, or Adyen, or anything like that? It varies, but just adding PayPal as a payment option because it's super simple, roughly 18% increase.
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Sir for Amazon affiliate marketing how much search volume we should Target to rank on Google my website age is 7 month old please suggest me and how to find thousands of low compitition keywords ideas for my site .
You’re going to want to target all different kinds of keywords, with all different metrics. Some with high MSV and some with low MSV. They’re capturing people at different points in the funnel. You can use Ubersuggest to find low competition keywords.
The Amount of Value this man gives away for FREE is INSANE!
I’m so glad people like Neil exist.
Thank you!
I’m happy to help
Hello Patel Well done.I wish to grow my channel like yours one day
Thanks for the impactful knowledge you share
Most welcome Glad to help.
@Neil Patel Thanks for responding I really appreciate that
I created my website for business how do I make it have thousands of visits,I set up yoest plugin on it
Love from Nigeria
am Joseph by name
Skilled with abundance of tools is meaningless if they doesn’t help you achieve your goals.
Only use tools that help you achieve your goals
Yes Mr. Neil Patel, It was the lesson learned from my Marketing mistakes. Thank you for your reply
In a process of learning. Will surely update on my youtube channel once I spend 20 years on what I am doing.
Great Keep learning!
It’s just not lessons in marketing. .it’s Business management course in 7 tips..hopefully you will start teaching about business management in details shortly..
Neil Patel the marketing wizard soon the next video will be called “100 Years Of Marketing – 7 Most Important Lessons Learned” LOL!
Without experience anyone can run successful agency ??? # Neil sir
Neil sir i just droped out by collage what should i do in digital marketing which can pay me for work from home my own without any job please help and give me some suggetion
Storytelling is most important in marketing
This means Neil is 36 years of age..
hey Neil, i need your suggestion. I have to either choose an affiliate product commission which will give me more revenue or i should create my own saas which will give me less revenue but i will be its owner.
Thank you Neil Patel for sharing free value in your chanall.
Elon is awesome for himself. Be you. For example I listen more to your videos than I would ever listen to Elon Musk even though I read his biography
I feel like we’re chillin rn while I’m watching this, very much appreciated. Next level metaverse videos